(History of Economic Thought) Question. (3) Specify the data of the classical and neo-classical analyses and...

(History of Economic Thought) Question.

(3) Specify the data of the classical and neo-classical analyses and briefly explain each.

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(History of Economic Thought) Question. Even though he considered the analyses of some classical economists to...

(History of Economic Thought) Question. Even though he considered the analyses of some classical economists to be vulgar, Marx valued highly the contributions of economists like Smith and Ricardo, and considered them to be true scientists. In what sense did Marx consider their efforts in economics to be ‘scientific’?

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"History of Economic Thought" short answer question Which, of the major schools of economics (e.g. Classical, Marginalist, Marxian, Keynesian, Institutional), do you feel provides the most accurate description of the workings of the economy and of economic behavior, both with respect to the school’s times, and our own times? Explain.

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HISTORY OF ECONOMIC THOUGHT QUESTION: 3. According to Sedlacek, how is Smith’s concept of self interest consistent with his previous argument that “sympathy” is the foundation of a moral society?

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HISTORY OF ECONOMIC THOUGHT QUESTION: 5. According to Smith, What is the down side of the division of labor? How does he propose to fix it?

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"History of Economic Thought" short answer question “Ideas are inherently conservative. They yield not to the attack of other ideas but to the massive onslaught of circumstance with which they cannot contend.” (J.K. Galbraith). Discuss with respect to either Classical economics, Marxian economics, Marginalist (Neoclassical) economics, or Keynesian economics.

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(History of Economic Thought) Question. (3) Specify the data of the classical and neo-classical analyses and...

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